Joe Burnett sits down with Conner Brown of the Bitcoin Policy Institute to discuss the Basel Committee’s 1,250% bitcoin risk weighting and why many view it as a major policy mistake limiting bank adoption. They also explore digital credit, the future of bitcoin in the financial system, and why AI agents may ultimately prefer bitcoin as money.

Timestamps:

0:00 Intro

0:49 The Basel 1,250% mistake explained

7:26 How punitive Basel’s bitcoin risk weighting is in practice

12:12 Why Basel treats gold and bitcoin so differently

15:01 What happens if the U.S. changes the rules for banks

20:06 Why America should lead in bitcoin financial products

22:07 Digital credit and why Connor is bullish on it

26:20 Why bitcoin needs to be repackaged for different users

29:10 What money AI agents prefer

33:35 What properties AI agents want in money

37:49 Why bitcoin could give AI agents a capability boost

41:32 How fast AI is advancing

48:20 AI, job displacement, and the reorganization of society

54:51 Key bitcoin policy issues to watch in Washington

1:01:14 Where to follow Connor and Bitcoin Policy Institute